The former secretary for Brennan Farms and Livestock in Overton, Nebraska, has been arrested on charges of embezzling more than $80,000 from the company.
An accounts payable audit was conducted after financial discrepancies were discovered by the owner in the business' financial records, reports Kearney Hub. After further investigation by local authorities, Faith Rader was taken into police custody and is currently being held on $100,000 bond. The audit discovered that Rader had written checks from Brennan's account to herself, and then cashed the checks at various locations. Rader recorded the payments in the company's records as being made to other businesses. Investigators believe that she also used the checks to pay her rent, says the news source.
According to KHGI-TV, Rader also used Brennan's credit card, which was meant to make purchases for business-related items only, to buy personal items. Owner Tom Brennan says the illegal activity occurred over a three year period, from November 2007 to June 2011. The news site states that Rader faces 14 charges of theft by unlawful taking and one charge of unauthorized use of a financial transaction device.